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Government shutdown latest: Trump administration orders states to 'undo' SNAP benefits as airspace cuts begin to take toll at airports

The Trump administration has directed states that began issuing Supplemental Nutrition Assistance Program (SNAP) benefits to "undo" their efforts, or risk financial penalties. The USDA issued the new ... Read More

US Government Shutdown Will Inflict Temporary Pain to Economy

WASHINGTON (Reuters) -A prolonged shutdown of the U.S. government amid a standoff over funding between Republicans and Democrats in Congress could dent economic growth in the fourth quarter, but much ... Read More

What today's inflation report says about the economy — and Social Security checks

Because of the shutdown, the federal government is belatedly releasing new Consumer Price Index numbers, which the Social Security Administration needs to adjust for next year's benefits. Well, much ... Read More

Why this government shutdown could be different for the economy

Typically, government shutdowns follow a familiar script: each party blames the other, a resolution is reached in short order and the immediacy of the issue fades in voters’ minds long before the next ... Read More

Fed struggles to assess state of US economy as government shutdown shuts off key data

When it comes to setting monetary policy for the world’s largest economy, what data drives decision-making? In ordinary times, Federal Reserve Chair Jerome Powell and voting members of the Federal ... Read More

Americans more worried about finding jobs as inflation persists under Trump

Nearly half of Americans lack confidence in finding a good job under Trump, a new AP–NORC poll shows. Inflation and rising costs for essentials are fueling widespread financial stress. Trump’s low ... Read More

Could the government shutdown tip the US into a recession? Experts weigh in

The U.S. economy remains largely unscathed but pressure could mount. The U.S. economy remains largely unscathed by the government shutdown, but the nation could risk economic peril if the impasse ... Read More

Government shutdown: A look at its impact on workers, services and the economy

WASHINGTON (AP) — The federal government shutdown is quickly approaching the second longest on record with no end in sight. Some lawmakers are predicting it could become the longest, surpassing the 35 ... Read More

US economy at risk of wobble as lower-income consumers get squeezed

The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential ... Read More

A tiny light in an economic data blackout is about to shine through the shutdown for a brief moment

Nearly two dozen days have passed since a federal agency has published an economic report. The US government’s shutdown has resulted in a blackout of critical data, further clouding an already opaque ... Read More